RE:RE:RE:Globe and MailInteresting observation about the Globe, Club. It has actually been trash for these past 6 to 7 years I've been paying attention to their bias against the Bomber. I have a feeling that they may have started the trashing, Bankruptcy rumours on the Bomber a while back, for their owners to buy the Q400 maybe. Which they did get it, and then they let it decay by not putting money into the program when they did have it. This is a patern for this family. Run an outfit on the cheap and make money.
So who knows with them? Maybe they've decided recently that they have to print the truth, now that the Bomber is sucessful with their choice of what division they kept going forward. Even the Globe has to print the truth unfolding in front of their eyes. I have the feeling that they'll have to print many truths going forward about the Bomber. Why not? They got what they wanted in the Q program. Now it's fruitless for them to keep up the propaganda. Cheers
clubhouse19 wrote: Do not think this is a change of tactics for the globe and trash as they are simply posting a third party analysis as they are required to do .
Their bias against the bomber continues it just so happens they really have got nothing much lately.
But when they get the opportunity, they jump at it as they did recently about the government proposed taxation on luxury items and alled Eric Martel a whiner while not mentioning anyone else that sells luxury items and are in the same boat mentioning the same concerns.
Who they are and where they are based has a lot to do about their bias.
stockitnow wrote: Thanks for posting this. A lot of Canadian retail investors read Global and Mail article for their research and investment prospects. G&M in the past have posted negative news about Bombardier, so this positive analysis will be received well as it shows G&M's shift towards positive.
Form001 wrote:
Globe says Citi's Trent maintains Bombardier at "buy"
2023-01-04 07:13 ET - In the News
The Globe and Mail reports in its Wednesday, Jan. 4, edition that Citi analyst Stephen Trent has reaffirmed his "buy" recommendation for Bombardier. The Globe's David Leeder writes in the Eye On Equities column that Mr. Trent's share target soared to $61 from $52. Analysts on average target the Class B shares at $60.93. Mr. Trent believes Bombardier's sales momentum and free cash flow results "should continue supporting a rerating in the shares." He says in a note: "On the back of its sixth straight quarter of positive free cash flow, Bombardier is also coming off of a good year. In 2022, its shares were up 20 per cent, vs. declines of 9 per cent for the TSX and 13 per cent for Air Canada. Ongoing momentum in services revenue and increasing interest in its jets from governmental customers, could provide EPS upside going forward, in our view. ... For Bombardier, Citi arrives at its $61/B-share target price for Bombardier based on seven times 2024 estimated EV/EBITDA vs. a six to seven times fair value range. ... Relative to its past, Bombardier now looks to be a much stronger, more stable company -- even as ongoing global supply chain issues could put some constraints on the sector's valuation."